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20121201
20121231
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Search Results 0 to 7 of about 8 (some duplicates have been removed)
CNN
Dec 28, 2012 1:00pm PST
to get a reality check from stephen moore, a member of the wall street editorial board and author of "who's the fairest of them all?" . stephen, we have spent six month talking about this can't happen we can't go off the fiscal cliff. we've got to meet this deadline and now they are saying, it's not that bad. which is it? >> look, i don't think it's the end of the world and i think it would get resolved in the weeks ahead but it's a black eye for our whole political system. think about this. here we are two or three days away from the start of the year without any american business or investor or workerer knowing what the payroll tax is going to be, income tax is going to be, i mean, this just isn't a very good way to run a country and it's almost like banana republic politics. >> my dad used to say, no way to run a railroad. let's talk about a couple of things. this whole idea that tax rates on everyone will go up. does the irs, does the treasury department have the ability to sort of say, look, here's some guidance. keep withholding where it is? >> the irs is in turmoil right now. they
FOX News
Dec 28, 2012 1:00am PST
, steven moore, a member of the "wall street journal" editorial board. sesteven, let's start with you. great to hear harry reid on this. the last time i checked the do so called proposal that a he put forth in july didn't really receive any support and only dealt with tax increases. it wasn't a comprehensive deal and didn't involve real spending cuts it was just raise tax and it went no where. for him to blame republicans, come on. >> don't forget, it has been 13 hyundais since hair arery reid even passed a budget out of the united states senate. we don't even know what the united states senators stand for in terms of the budget debate. the same thing on taxes. the house actually passed a lot of people don't know that earlier this year the house passed a bill to extend all of the bush era tax cuts for another year until resolve the issue. the senate again didn't act on that. the grave yard of the items are the united states senate. the other thing interesting harry reid said the president has his door open to any negotiating in any kind of deal that the republicans may offer. they put
CNBC
Dec 27, 2012 7:00pm EST
bill and it's in the provinces where the nationalistic moore support is increasing the base that he needs to keep onboard and that's another reason why he's acting the way he did on this bill. >> we appreciate it. ? thank you. >> europe's fiscal woes dominated the american markets most of the year. >> the fragile european economy not out of the woods just yet. here is jimmy pathakukas of the institute. it was "barron's" just this week. this is the year to invest in europe. do you disagree with that or can the two work together? >> well, you know, they say the united states don't fight the fed. in europe you would say don't fight the ecb as long as they believe that they would do whatever it takes to keep the euro together, i guess that's a positive, but remember, you have an economy back in recession that was in terrible shape to begin with and i think you have a lot of austerity fatigue going on spain, italy, portugal, certainly greece. so you have those economic woes. the euro is not going to thrive and it may survive thanks to the ecb, but you're not going to get that economy to
FOX News
Dec 28, 2012 6:00am PST
sustain the one-two punch is anybody's question. patti ann: joining us now is steve moore from the "wall street journal." hopefully he can give us some answers. good morning, steve. what is the most immediate impact in we go over the cliff? >> we are talking about january 2nd taxing rising on over a hundred million americans. this is a big sock to the wallet of americans of every income group. let's just talk about the middle class for a minute. for those earning about 45 to 75,000 a year they are looking at paying somewhere in the neighborhood of $2,500 a year more in taxes. it's not just the warn buffets and bill gates that will be hit by tax increases. the other part of the cliff that we don't talk that much about is the automatic spending cuts would take effect starting on january 2nd, an 8% reduction in major spending categories, national defense, many of what we call the domestic discretionary programs would also be hit. this is a big fiscal wallop to the economy and a lot of economists believe it could cause a double-dip recession. patti ann: on the other hand we are hearing from
FOX News
Dec 26, 2012 8:00am PST
? joining me now, senior economics writer or for "the wall street journal" steve moore. steve, thanks for making it in today. >> hi, jamie. we're having a white christmas in chicago. so it is a lot of fun. jamie: i know chicago, burr. the numbers are also pretty chilling for retailers who do what percentage of their business during the holiday season? >> you know, those months of november and december are absolutely crucial, jamie, for the retailers. about 40 to all their business all year is done in those two holiday months. so it's, not very good news that the retail numbers came in, you called them lackluster. and that's probably putting it charitiably. this was the worst year since 2008. it is actually, surprising, jamie, because if you look at some other indicators, consumer confidence had actually bumped up a little bit in the last couple months. we have, i wouldn't read too much into this because other indicators of the economy are looking up right now. jamie: so do you think it's an anomaly that it isn't going up? is it an indication if we go over the fiscal cliff there's conc
FOX News
Dec 28, 2012 3:00am PST
security analyst ryan moore. ryan good to have you on the show. five that you outline and i want to make sure we get to all five. start with the israel or iranian conflict, will that heat up. >> sure. israel has to stop or delay it and iran presidential election and when there is a political crisis you pick a fight with israel. >> eric: we need to point out not the president of iran that has the power but the mullahs. >> right. >> eric: chaos in syria spread? >> it is already spreading. al-qaida operatives trying to carry out terrorist attack in jordan and face a, the dictator that is a proxy of iran and fighting militants and muslim brotherhood. >> eric: how does it theten america. >> this is a stronghold for al-qaida there. is plenty of good rebel to work with and we didn't . secular rebels don't control what is happening on the ground. >> eric: serious threat. middle eastern oil turmoil. what can happen. >> everyone focus on the conflict of iran and israel. but there is a conflict between saudi arabia and iran . the fact that iranian tried to launch a cyber attack. shows that saudi ar
Search Results 0 to 7 of about 8 (some duplicates have been removed)